Articles - Whats next for motor


Sarah Myerscough and Ageas’ Adam Beckett talk about the rapidly changing motor insurance market. With the looming ban on the sale of petrol and diesel cars by 2030, motor manufacturers are racing to expand the sale and accessibility of electric and hybrid vehicles. We must collaborate with industry experts on how to create affordable policies for customers given the differing expenses for electric vehicles. Furthermore, Adam notes that whilst traditional 12-month motor insurance policies will always remain important, there is an emerging trend towards short-term policies purchased on demand at the click of a button. Thus, brokers and insurers alike must be prepared to navigate this highly metamorphic marketplace in the coming years.

 

Back to Index


Similar News to this Story

LGR and the LGPS: Devolution in England gathers pace
On 16 July the Secretary of State for Housing, Communities and Local Government announced further decisions on Local Government Reorganisation (LGR).
Collective Defined Contribution: Learning from the Dutch
The Dutch pension system is a mythical paradox: on the one hand it is known as the ‘best’ pension system in the world, ranked 1st in the Mercer Global
Retail, leisure and hospitality: Cutting out AI fraud claims
AI can make fraudulent claims look more credible, especially when your teams are under pressure. How can going ‘back to basics’ help protect your reta

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.